Acquiring our first property may a daunting task that seems far in future for some university students, but having advice, given by Amy Hoak, a Wall Street Journal columnist, may have us saving money when we do decide to look into real estate.
According to Bill Golden, a Remax real-estate agent in Atlanta, anxious sellers, who have listed their houses for the summer, are eager to sell their properties before the holidays come.
In fact, sellers who are unable to sell may simply allow the property listing to expire and wait until the next season to re-list in the market. According to Mr. Carlisle, a Paragon Real Estate market analyst, it is best to make a lowball offer on houses that have been sitting on the market for a long time, thus ensuring that buyers are saving as much as possible.
Here are six tips that Ms. Hoak recommends future home buyers to be aware of before making a lowball offer:
1. Understand the Market
2. Pick the right real-estate agent
3. Back up your price
4. Know what you’re willing to pay
5. Make a clean, easy offer
6. Be smart about a cash deal
If you’re willing, eager and waiting, and have the necessary finances to invest into a property, read Ms. Hoak’s article and start buying before the season is over!
Full Article
http://online.wsj.com/article/SB10001424052970203476804576619622412494348.html?mod=WSJ_PersonalFinance_PF2#articleTabs%3Darticle
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When is the Best Time to Buy a Home?
http://homebuying.about.com/od/buyingahome/qt/BestDay2BuyHome.htm